This book addresses one of the major theoretical issues that underlies, implicitly or explicitly, some recurrent controversies in macroeconomics - namely, whether a competitive monetary economy has built-in mechanisms that are strong enough to remove excess demands and supplies on all markets, through an automatic adjustment of the price system. Jean-Michel Grandmont sheds light on this complex subject by using the analytical techniques of general equilibrium theory alongside the methods of monetary analysis. The book warns ...
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This book addresses one of the major theoretical issues that underlies, implicitly or explicitly, some recurrent controversies in macroeconomics - namely, whether a competitive monetary economy has built-in mechanisms that are strong enough to remove excess demands and supplies on all markets, through an automatic adjustment of the price system. Jean-Michel Grandmont sheds light on this complex subject by using the analytical techniques of general equilibrium theory alongside the methods of monetary analysis. The book warns against the indiscriminate use of the rational expectations hypothesis when approaching this topic, and conversely stresses the common-sense observation that short-run learning processes are among the most important characteristics of economic agents. Grandmont argues that such processes are deserving of careful theoretical study, and the result is a clear and rigorous analysis of all the issues involved.
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Add this copy of Money and Value: a Reconsideration of Classical and to cart. $16.67, good condition, Sold by ThriftBooks-Baltimore rated 4.0 out of 5 stars, ships from Halethorpe, MD, UNITED STATES, published 1983 by Cambridge University Press.
Add this copy of Money and Value: a Reconsideration of Classical and to cart. $20.95, very good condition, Sold by ThriftBooks-Baltimore rated 4.0 out of 5 stars, ships from Halethorpe, MD, UNITED STATES, published 1985 by Cambridge University Press.
Add this copy of Money and Value: a Reconsideration of Classical and to cart. $25.86, good condition, Sold by Cambridge Rare Books rated 4.0 out of 5 stars, ships from Cambridge, Gloucestershire, UNITED KINGDOM, published 1985 by Cambridge University Press.
Add this copy of Money and Value: a Reconsideration of Classical and to cart. $31.11, good condition, Sold by Anybook rated 4.0 out of 5 stars, ships from Lincoln, UNITED KINGDOM, published 1986 by Cambridge University Press.
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This is an ex-library book and may have the usual library/used-book markings inside. This book has soft covers. Clean from markings. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item, 400grams, ISBN: 0521313643.
Add this copy of Money and Value: a Reconsideration of Classical and to cart. $53.03, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 1985 by Cambridge University Press.
Add this copy of Money and Value: A Reconsideration of Classical and to cart. $54.74, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 1985 by Cambridge University Press.
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New. Trade paperback (US). Contains: Unspecified. Econometric Society Monographs . Includes unspecified. Intended for professional and scholarly audience.
Add this copy of Money and Value: A Reconsideration of Classical and to cart. $63.11, new condition, Sold by Ria Christie Books rated 5.0 out of 5 stars, ships from Uxbridge, MIDDLESEX, UNITED KINGDOM, published 1985 by Cambridge University Press.
Add this copy of Money and Value: A Reconsideration of Classical and to cart. $70.84, new condition, Sold by Booksplease rated 4.0 out of 5 stars, ships from Southport, MERSEYSIDE, UNITED KINGDOM, published 1985 by Cambridge University Press.
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New. Trade paperback (US). Contains: Unspecified. Econometric Society Monographs . Includes unspecified. Intended for professional and scholarly audience.
Add this copy of Money and Value: a Reconsideration of Classical and to cart. $128.72, new condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 1985 by Cambridge University Press.
